BREAKING: Completely new iPod lineup

Ringtones
* Custom ringtone maker built into iTunes
* Custom ringtones including songs you already purchased, over 500,000 participating songs
* Once you make ringtones, sync them right to your iPhone
* Ringtones only 99 cents in addition to song price (so $1.98 total)
* Little bells next to eligible songs in iTunes

“When you get near a Starbucks a fifth button will come up in the WiFi music store — you may have been in a Starbucks wondering what song is that playing? Now you can buy it with a tap of your finger. And if you just missed it, you can still find it…”

IPHONE
Concentrating on 8GB model, dropping price to $399
WiFi Store will be available by software update.